The CrossState Credit Union Association, the new name for the merged Pennsylvania and New Jersey Credit Union leagues as of Jan. 1, elected a board chairman and vice chairman, it announced Tuesday.
Rick Stipa, CEO, TruMark Financial CU, Fort Washington, Pa, will serve as chair and Andrew Jaeger, CEO, Credit Union of New Jersey, Ewing, N.J., will serve as vice chair.
“As we enter 2020, we are extremely excited to move forward in both Pennsylvania and New Jersey,” said Stipa. “I commend the CrossState board and team for all the great work positioning us to move forward in serving both New Jersey and Pennsylvania credit unions.”
The board chair and vice chair are elected for a one-year term and may serve two consecutive terms. When the chair is from Pennsylvania, then the vice chair will be from New Jersey and vice versa.
CrossState Credit Union Association now represents 519 credit unions in Pennsylvania and New Jersey with more than $63 billion in assets.